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Describe the ideal business format of a top-ranked franchise operation.
Potato Chips
Thin slices of potato that are fried or baked until crispy and often flavored.
Income Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in consumers' income.
Steak
A slice of meat, typically beef, cooked by grilling, frying, or broiling, and served as a main dish.
Hamburger
A popular food item consisting of cooked ground meat, usually beef, placed inside a sliced bun, often accompanied by various toppings.
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